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Share Name Share Symbol Market Type Share ISIN Share Description
Tex Holdings Plc LSE:TXH London Ordinary Share GB0008850470 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 73.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 43.1 -0.9 -16.3 - 60

Tex Share Discussion Threads

Showing 451 to 475 of 500 messages
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
DateSubjectAuthorDiscuss
25/6/2020
07:05
The TPR should look at the conduct of the le bas trustees in relation to their holdings in tex. Is this being managed in best interests of pension or supporting interests of other parties.
charo
24/6/2020
20:24
A farce of an agm.This board has no shame.No reference to audit nor relating to relisting.
charo
12/6/2020
22:08
Burrows party need to end this fiasco. Bid a pound and take it private.
charo
11/6/2020
09:19
Agreed charo. I suspect they were ready, the board didn't like them, now going back and forward with auditors and the filing deadline end June looming. Filing late again on the cards? You cant de-list an already de-listed business. "will let the minority shareholders know when we feel like it".. pathetic
roberts2274
11/6/2020
09:14
Agreed charo. I suspect they were ready, the board didn't like them, now going back and forward with auditors and the filing deadline end June looming. Filing late again on the cards? You cant de-list an already de-listed business. "will let the minority shareholders know when we feel like it".. pathetic
roberts2274
11/6/2020
07:44
Tomorrow will be two weeks since prelims stated audited accounts would be ready within week. With the poor governance record of this board the full audited accounts are vital to understanding the investability of this group.
charo
06/6/2020
09:57
This is very concerning. A prudent board would not issue the prelims without having the audited accounts agreed. The information could be misleading if accounts are qualified.
charo
03/6/2020
19:17
yes i have lots of questions, but my plan for now is to wait a week... "The audit of the statutory accounts for the year ended 31st December 2019 is not yet complete, but the Directors expect this to be completed within the next week." then perhaps wait another week... etc etc
roberts2274
02/6/2020
08:36
The new loan 0f £7million bears penal interest of 8%.Agreed strong cash flow but expect that trading loss after interest in current year to exceed last years. The burrows interests receive interest and rents in excess of £1million . Till we see audit report reserve further comment. Cant see why listing be restated as still the board is in breach of most of code.
charo
01/6/2020
18:52
Interesting results. Heavily influenced by the pension fund increasing NAV, £1.1m increase in depreciation, and £300k+ higher interest. Operating cashflow surged from £443k to £1688k which should be a good reflection of the underlying business. But then we had lockdown. Still, orders are good and operating cashflow will jump again if they remove £1.5m in costs. Lots of potential here but it won't come immediately.
aleman
01/6/2020
18:00
Results out hTTps://www.investegate.co.uk/tex-holdings-plc--txh-/rns/preliminary-announcement/202006011736035976O/
battlebus2
01/6/2020
09:35
Probably ensconced with lawyers.
charo
30/5/2020
17:24
May over June monday So bored, hello board? Anyone awake?
roberts2274
21/5/2020
08:47
The communication of this board is appalling .They are required to follow up on their previously announced statement in march that results will be reported in april. Previous year was a disaster exposing all manner of poor conduct . Still can't see the present board being acceptable to regulators.
charo
06/5/2020
12:52
roberts spot on.
charo
05/5/2020
11:24
I love reading the balance of charo and aleman, so did some research of my own from companies’ house. You’ll be aware of all this, but I wanted to put it in a post to remind me and so I have it in one place. From December 2018 TXH accounts (and the Edward Le Bas Limited + Le Bas Investment Trust Limited accounts at 31 March 2019) there is at least 31.4% control from Mr Burrows and family (maybe more if they don’t have to disclose holdings less than 3.0% in TXH accounts). The Directors, mainly Chris PT who has 180,000 shares own nearly 3.0% combined. I’m surprised to see Chris Parker with £100 of shares, significantly less than I do and doesn’t show much faith from a Director in the business. Edward Le Bas Properties Limited is a business that owns industrial estates valued at £42m over which Barclays have taken security for the £10m loan they made to ELBP, “of which £7m was subsequently loaned to a connected company, with interest payments recharged at a margin plus the prevailing LIBOR rate over the term of the loan” (ELBP accounts) can’t wait to see what the "margin" is, given I assume this has to be mentioned in the TXH accounts to 31 December 2019 as a related party transaction. Barclays security is over Claydon Business Park, Great Blakenham, The Hamiltons, Chesterton Road Cambridge and Jubilee House Cambridge, a combined valuation of £42m and a £10m loan is around 25% LTV. I guess depending on the income from the tenants of the freehold properties owned by ELBP (£650,000 of which came from TXH and its subsidiaries in the year ended 31 December 2018), surely the bank would gear up on these properties to enable a take private by Mr Burrows and family. Offer price of course fundamental to any take private, but I suggest the only fair way is to look at a VWAP of the 90 days prior to suspending the listing on 29 April 2019 and add “a margin” to this. The other routes are sell/merge, but what a time to try that, whilst the majority of the board are all still shielding, and Chris Parker is about to leave. What’s the betting they take advantage of the extra 2 months afforded to plc’s to complete their accounts for this year because of Covid – and where’s the announcement to read from the directors which will make more interesting reading than this?
roberts2274
05/5/2020
10:37
Frustrating isn't it? I want to comment and support but there's not much new to say. We just have to suck it up and wait for news. And they wonder why AIM stocks end up on such low ratings. I've been ripped off several times, although that has to be balanced by the fact that I've also made lots of money on them because of the low ratings. It's a tough world to navigate.
aleman
05/5/2020
10:23
What is needed is a truly independent chairman and non execs who will kitchen sink results realign asset values with cash generative capability and force concert party to make bid or seek a merger or takeover. If burrows junior wishes to take control then pay the price. This company and its conduct are an affront to market regulations. If not such a tiddler would be major scandal,
charo
04/5/2020
08:28
When will this shambles be over.
charo
01/5/2020
09:03
The company is required to make an announcement.
charo
30/4/2020
22:35
Age is not the issue competence is.
charo
30/4/2020
17:31
Without being to personal given the age of the board they are very vulnerable to COvid they are effectively pensioners
pictureframe
30/4/2020
17:03
Yet again this board fails.The authorities should simply announce they will not be allowed to relist under present regime.
charo
30/4/2020
12:18
Already suspended,can they be delisted?
charo
29/4/2020
15:34
I suspect suspension
pictureframe
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
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